Data and information constitute a lifeblood for real estate professionals. It allows them to leverage their unique skills and local market knowledge and offer clients more than just statistics, but rather real intelligence and insight.

The MLS® team at FVREB knows data. Every year we process tens of thousands of listings and sales for our members, regardless of whether the market is trending up or down. In 2022 that meant over 15,000 sales and more than 32,000 new listings, and though well off the records set in 2021, our mission was steadfast: processing sales and listings quickly and accurately.

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Director of MLS ®

cHERYL cAMARA

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Data processing may be our core value proposition, but our contributions to member support extend to other key areas, where collaborating with our provincial partner Boards makes the accomplishments even stronger. For example, working through the Joint Rules of Cooperation (ROC) Task Force with CADREB and REBGV, we conducted a full review and implementation of revisions to the ROC with supporting documentation developed and released on WEBForms®. We also completed a review of the Residential Data Input Form, working with BCNREB, CADREB, and REBGV to ensure member changes align with listing conventions and implementing the refinements on Paragon® and WEBForms®.

Finally, an important new practice implemented last year, again aligning with similar actions taken by our partner Boards across the country, was to start displaying historical sale prices on Realtor.ca for residential properties for all active listings where a sale took place one year or more before its most recent MLS® listing date. Publicly sharing this data contributes to greater transparency and bolsters the reputation of the profession. By joining our partner Boards in BC and across Canada, FVREB is positioned as a leader, driving positive change and building trust.

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26500